
US-Iran Tensions Drive Oil Price Hikes and Spill Concerns
Rising tensions between the US and Iran in the Middle East are threatening oil supplies, leading to increased oil prices. The situation also raises concerns about a potential surge in 'dark' oil tankers and the risk of catastrophic spills in the Gulf.
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Spike in ‘Dark’ Oil Tankers in Gulf Raises Risk of Catastrophic Spills
More vessels are navigating the Strait of Hormuz with their location devices turned off to evade attacks by Iran, adding to the threat of collisions.
By Lisa Friedman
Read full article →Why are oil prices rising? US-Iran tensions threaten Middle East oil supply
Oil prices rise for a second week as US-Iran tensions, sanctions and Strait of Hormuz disruptions raise fears of tighter global oil supplies.
Read full article →


